NYSE:XOMOil and Gas
Does ExxonMobil’s Carbon Capture Push And Asset Sales Recast Its Core Investment Story For XOM?
In recent weeks, ExxonMobil has advanced its energy transition strategy by expanding carbon capture and storage projects along the U.S. Gulf Coast and moving to sell XTO Energy assets in the Eagle Ford shale basin.
This combination of growing low-carbon infrastructure and concentrating on core producing regions highlights how ExxonMobil is reshaping its portfolio mix around different types of energy assets.
Next, we will examine how this push into carbon capture, alongside portfolio...